ECommerce Luxury Watch Company
Not Disclosed, GA Not Disclosed
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- RE: ECommerce Luxury Watch Company
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
| Asking Price: | Not Disclosed | |
| Annual Revenue: | $8,675,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,600,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2013 | |
| Employees: | 4 | |
| BBN Listing #: | 988918 | |
| Broker Reference #: | 1382 WATCH |
Business Overview:
The eCommerce luxury watches company leverages its extensive network of relationships with Authorized Dealers, watch dealers, wholesale groups, and pawn shops globally. This strategic network enables the company to source any desired watch efficiently. Through their robust connections with watch buyers and sellers, coupled with their retail presence, they are well-positioned to execute transactions daily. The company offers an extensive selection of luxury watches featuring internationally recognized brands such as Omega, Rolex, Cartier, Patek Philippe, and many others. The company utilizes state-of-the-art technology to integrate buyers and sellers across multiple platforms to maximize profits and efficiency.
The company boasts of sustainable annual revenue over $8,500,000 and EBITDA at over $1,400,000 with technology and training programs in place to scale immediately.
Seller would like to retain 20-25% of ownership and partner with the new owner to grow the business. The ideal buyer would have additional resources to invest in the international growth of the business.
Business name will be shared once a qualified Buyer prospect is vetted. NDA is required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
The company operates from office space in the southeastern U.S. with an additional shared office space in Europe. The company does not own any real estate.
Market Competition and Expansion:
Competition: The firm successfully competes with larger industry players by leveraging a wide network of wholesalers and markets to virtually eliminate competition from any one market segment.
Expansion: The foundation in terms of training and technology is in place to scale quickly under a new owner.
Reason for Selling:
Focusing on other tech-enabled businesses.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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